Market Trends · August 16, 2025
Second-Quarter 2025 Home Prices: Local Context Matters
By Elliman Capital
Published August 16, 2025. Articles reflect their publication period and may include historical market commentary. They are not current rates, loan offers or forecasts guaranteed to occur.
Editorial update: November 3, 2026. Original publication date retained below the headline.
Keep the reporting period visible
This article discusses the second quarter of 2025. National and metropolitan reports are historical snapshots; a count of markets with price increases is not evidence that every property increased in value.
Look beyond an aggregate
Median sale prices can change with the mix of homes sold. Location, property type, condition and inventory matter when assessing a specific home. An appraisal is a separate analysis.
Use comparable evidence
Review recent local transactions and current carrying costs with qualified professionals. Avoid treating a national price trend as an appreciation forecast or a guarantee of loan collateral value.
Start a mortgage inquiry or contact our team. This article is educational and is not a commitment to lend.
Further reading
General reference material; these links do not substantiate a particular historical forecast.